JMC Projects Surges On Bagging New Orders Worth Rs 634 Crore
Shares of the Ahmedabad-based industrial construction company rose as much as 5.59 percent, the most since March 7, to Rs 565.95 after it won new orders worth Rs 634 crore.
The orders include construction of residential and commercial projects in South India totaling Rs 509 crore and construction of office complex for Karnataka Power Transmission Corporation in Bangalore for Rs 125 crore, the company said in an exchange filing.